Question: i need help with this problem thanks!! Present value concept Answer each of the following questions a. How much money would you have to invest

 i need help with this problem thanks!! Present value concept Answeri need help with this problem thanks!!

Present value concept Answer each of the following questions a. How much money would you have to invest today to accumulate $5,000 after 7 years of the rate of return on your investment is 11% b. What is the present value of $5,000 that you will receive after 7 years if the discount rate is 11%? c. What is the most you would spend today for an investment that will pay $5,000 in 7 years if your opportunity cost is 1152 d. Compare, contrast, and discuss your findings in part a through a. A single investment made today, caming 11% annual interest, worth $5,000 at the end of 7 years is $ (Round to the nearest cent.) b. The present value of $5,000 to be received at the end of 7 years, if the discount rate is 11%, is $ . (Round to the nearest cont.) $ (Round to the nearest cent.) c. The most you would spend today for an investment that will pay $5,000 in 7 years if your opportunity cost is 11% is d. Compare, contrast, and discuss your findings in part a through e. (Select all answers that apply) DA. In all three cases, you are solving for the present value, PV, which is $2.408 29. B. The annual interest rate is also called the discount rate or the opportunity cost. O C. In all three cases, the answer is $2,408.29. In part a, it is the payment, PMT. In part b, it is the present value, PV. In parte, it is the future value, FV. D. In parts a and c. $5,000 is the future value, FV. In part b. 55,000 is the present value, PV. Therefore,parts a and have the same answer, while part blas a different

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